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Michael Tegos · · 1 min read

Prime Minister Lee wants a payment system for Singapore. Razer boss: ‘Hold my mouse.’

Razer CEO Min-Liang Tan and Singapore Prime Minister Lee Hsien Loong

Photo credit: Razer,

Say the word and I'll have the epayment system rolled out nationwide in 18 months. For Singaporeans. By Singaporeans 😉

— Min-Liang Tan (@minliangtan) August 22, 2017

Carousell CEO Siu Rui Quek also joined in.

During his speech, the prime minister said that the Monetary Authority of Singapore is working on integrating different payment services into one. In the continuing bid to go cashless, the country’s Association of Banks recently rolled out a service called PayNow, which allows users to transfer money from one bank to another using their mobile phone and identity card numbers.

Razer has its own ewallet service and digital currency called zGold, created for in-game transactions. In June, it bought a 19.9 percent stake in Malaysian gaming payments provider MOL to convert its Southeast Asia-wide cashless payment system into its zGold service.

The prime minister responded to Tan that he would “study seriously” a proposal from the Singaporean entrepreneur.

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Community Writer

Michael Tegos

A Greek in Asia, Michael is interested in startups in Singapore and beyond. Contact him on LinkedIn or on Twitter using the buttons above.